{"id":143438,"date":"2022-10-26T00:58:43","date_gmt":"2022-10-25T19:28:43","guid":{"rendered":"https:\/\/centralrecorder.com\/kanye-west-is-no-longer-a-billionaire-says-forbes-after-adidas-deal-is-pulled\/"},"modified":"2022-10-26T00:59:58","modified_gmt":"2022-10-25T19:29:58","slug":"kanye-west-is-no-longer-a-billionaire-says-forbes-after-adidas-deal-is-pulled","status":"publish","type":"post","link":"https:\/\/centralrecorder.com\/kanye-west-is-no-longer-a-billionaire-says-forbes-after-adidas-deal-is-pulled\/","title":{"rendered":"Kanye West Is No Longer A Billionaire, Says Forbes, After Adidas Deal Is Pulled"},"content":{"rendered":"\n
\n

\n\tIn what may be the toughest blow, ego-wise, in the fallout from Kanye West\u2019s antisemitic rants last week, Forbes announced today that the rapper is no longer on its glitzy list of the world\u2019s billionaires. Adidas’s decision to end its relationship with Ye today was a major factor in the transformation. He was one of the first hip-hop moguls on the list. <\/p>\n

\n\t\u201cWithout Adidas, Ye is worth $400 million,\u201dForbes’ piece is here. \u201cThe remainder of Ye\u2019s [as Kanyer is now called] fortune,\u00a0Forbes<\/em>\u00a0estimates, comes from real estate, cash, his music catalog, and a 5% stake in ex-wife Kim Kardashian\u2019s shapewear firm, Skims. (A source close to Skims told\u00a0Forbes<\/em>\u00a0Ye hasn\u2019t been involved with the brand since its 2019 launch.)\u201d<\/p>\n

\n\tWith Adidas dropping the rapper early today, calls went up for the musician\u2019s record label, Universal Music, to drop him next. But per a New York Times Piece<\/a>Updated today: They may have already parted ways.<\/p>\n

\n\tNYT:<\/p>\n

\nHe has resigned from Def Jam, his long-standing record label; his contract with the company expired along with his 2021 album. \u201cDonda.\u201d And Ye\u2019s own label, G.O.O.D. According to a person familiar with the transactions, Music, which has previously released music by Pusha T, is no longer associated with Def Jam. Ye was not able to respond to questions and a representative from Def Jam declined comment.<\/p>\n

\nThis growing list now includes Adidas and Balenciaga as well as projects and companies that have split from the controversial rapper. Further,\u00a0MRC\u00a0said Monday that it was not moving forward with its recently completed documentary about\u00a0the musician. Endeavor CEO Ari Emanuel, Gersh\u2019s Bob Gersh and UTA\u2019s Jeremy Zimmer have all also spoken out to condemn him.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

In what may be the toughest blow, ego-wise, in the fallout from Kanye West\u2019s antisemitic rants last week, Forbes announced today that the rapper is no longer on its glitzy list of the world\u2019s billionaires. Adidas’s decision to end its relationship with Ye today was a major factor in the transformation. He was one of […]<\/p>\n","protected":false},"author":51,"featured_media":143439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,3,105,106],"tags":[],"jetpack_featured_media_url":"https:\/\/centralrecorder.com\/wp-content\/uploads\/2022\/10\/Kanye-West-Is-No-Longer-A-Billionaire-Says-Forbes-After.jpg","_links":{"self":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/143438"}],"collection":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/comments?post=143438"}],"version-history":[{"count":1,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/143438\/revisions"}],"predecessor-version":[{"id":143440,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/143438\/revisions\/143440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media\/143439"}],"wp:attachment":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media?parent=143438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/categories?post=143438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/tags?post=143438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}